- What does MEIIX invest in?
- The fund primarily directs its investments towards equity-based instruments. These encompass not only common stocks but also other securities that represent an ownership stake (or the potential to acquire one) in a company or various other entities. The fund's manager, MFS, specifically seeks out shares of businesses that they believe are trading below their true intrinsic value, a strategy commonly associated with identifying "value" companies.
- What is the expense ratio of MEIIX?
- MFS Value Fund Class I (MEIIX) charges an expense ratio of 0.54%. This is the annual fee deducted from fund assets to cover management and operations.
- How big is MEIIX?
- MFS Value Fund Class I (MEIIX) manages $51.35B in total assets. AUM determines bid-ask liquidity and the fund's vulnerability to closure — funds below ~$50M are at higher risk of liquidation.
- Is MEIIX actively managed or an index fund?
- MEIIX's management style is described in the fund's prospectus. See the description on the Summary tab for the published strategy.
- When was MEIIX launched?
- MFS Value Fund Class I (MEIIX) launched in December 1996 and is managed by the fund issuer.
- How has MEIIX performed?
- MEIIX's total return — price change plus reinvested distributions — is charted at the top of this page. Switch the price chart to Total Return and pick a 1-year, 3-year, 5-year, or 10-year window to read the compound annual growth rate (CAGR) over each horizon.
